Home arrow Mortgage Forums arrow Budgeting and Personal Finance arrow

investment has tax benefit?

Author Message
Icon Mini Profile amitforum





Joined: 23 Jul 2009

Posts: 30

4.71 Dollars($)
Post Posted: Fri Sep 04, 2009 11:20 pm    Post subject: investment has tax benefit?
Like 0
Dislike 0

I am new investor,i am willing to invest in share,This investment has tax benefit?

IF i will make profit on selling share,on that profit is taxable?

what percentage is taxble on profit?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10030
Location: Alaska
919.49 Dollars($)
Post Posted: Sun Sep 06, 2009 11:33 pm    Post subject:
Like 0
Dislike 0

Hi amitforum!

Welcome to forums!

Well, I do not have much idea about shares. But as far as I know, there are certain tax benefits if you invest in shares. I would suggest you to contact an expert in this regard and get his opinion.

Sussane
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

best lender badge

Joined: 09 Nov 2007

Posts: 12346
Location: bloomfield, ct
53.01 Dollars($)
Post Posted: Tue Sep 08, 2009 8:59 am    Post subject:
Like 0
Dislike 0

once again, take the inane queries to a tax advisor...they're used to it.
_________________
George M. Akerley
Independent Contractor - Mortgage Consultant
Word of Excellence Editing/Writing/Proofreading
860-221-5044
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Fri Sep 11, 2009 6:07 pm    Post subject:
Like 0
Dislike 0

yes any gains on investment is taxable
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
Speak to a lender now.
We will match calls to our toll free number with our network of lenders.
Highlights
Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Helpful References
34 Tax tips boost your savings
12 financial ways for Seniors
Budgeting Lesson 1
401k/403b Retirement Loan


Calculators     [View all]
Calculate Debt-Income Ratio
Calculate Retirement savings
Convert IRA to Roth IRA
Tax savings in 1031 Exchange


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.






Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.072 seconds.